Neteller is one of the most popular alternative payment methods for online casinos. This method of money transfer is available to players from Australia, and Australian players appreciate it very much. Neteller is present in most Australian online casinos, which are reviewed on our website. Neteller is a simple, fast and secure solution among the most popular ways to make money for online gambling.
Any player playing at online casinos will inevitably notice Neteller – one of the industry leaders when it comes to deposits and withdrawals at gambling sites. There are several good reasons for this: because Neteller is extremely safe.
Neteller is known for its consistent security, which it provides its users. For the first time a user must go through a simple registration process, which may include identity verification or social security number verification. There is also an IP tracking system, which is usually used when players make transactions.
On this page we would like to introduce you to the services offered by Neteller in more detail. What are the advantages and disadvantages of the payment provider, which was founded in 1999? What should you pay attention to if you want to use this service? And how does the company compare it with other payment methods such as Paypal, your credit card or bank transfer?
Players can fund their Neteller accounts by several methods. Credit cards are the most commonly used method. Although credit cards are prohibited at online casinos, at least not by direct deposit, Neteller has managed to circumvent the restrictions imposed by financial institutions so that players can make deposits at online casinos. Neteller is an electronic payment center that really benefits casino players. Unlike some other alternative methods of depositing, most Australian online casinos accept it as both a deposit and withdrawal method.
Discover the perfect online casino with the advantage of Neteller
Neteller is also very accessible and many online casinos offer Neteller users an exclusive bonus. This information can be found on the promotions page at any online casino site. Players are advised to check all the additional benefits that would be available to them if they decided to make transactions with Neteller. To open an account with Neteller, players can either go directly to the site or choose it as an option on the cashier page of your favorite online casino, after downloading the software and creating an account at the casino. Once the authorization process is complete, players can transfer money to their online casino account and start playing.
You can also get a prepaid MasterCard from Neteller to pay online or in stores. You can send money to your friends if they also have a Neteller account. Neteller also offers VIP services, the advantages of which are lower currency conversion fees, lower payment fees and faster payments.
Advantages of Neteller as a payment method
There is a good reason why such electronic wallet services as Neteller always have an advantage: anonymity. Of course you can trust major Australian online casinos such as FairGo, Kahuna or Joe Fortune. But if you want to try a new offer, you definitely won’t want to give your credit card information to the operator right away.
The e-wallet service is a great advantage: you deposit money into your Neteller account and then quickly and easily transfer the desired amount to the online casino of your choice. And if you win the big jackpot at the slot machine, you will get your money without waiting for a long time. You can also make purchases online with Neteller. In fact, however, Paypal dominates the market. On the other hand, Paypal has long neglected the online casino market, so it is dominated by Neteller and Skrill.
Other advantages why you should prefer Neteller as your payment method at online casinos: The transfer of funds to your account at the gaming site is made without delay. Unlike a bank transfer, you can play with your money right now. In addition, there are several casinos that offer an average 10% deposit bonus when using an e-wallet service.
Depositing and withdrawing funds at online casinos
First of all, of course, you must have money in Netheller. Then you go to the casino of your choice and make a deposit. Note the welcome bonus that the casino offers. Feel free to contact the support team if they offer an exclusive bonus if you make a deposit via Neteller. The advantage of Neteller, as mentioned above, is that you can play immediately.
Payouts are quite fast. You specify the amount you want to withdraw and choose your preferred withdrawal method. Then you will need the Neteller account number so that the money can be transferred to your account.
Almost all online casino withdrawal methods in Australia have a processing time of up to four working days, which you should be aware of. It is also important to note that in some cases casinos licensed by the Republic of Malta (which is the majority) may require player verification. This means that you will need to provide a copy of your ID and electricity bill along with your address before you receive the money. Once your winnings from the online casino have been credited to your Neteller account, you can transfer money to your bank account or use it for other purposes.
Neteller compared to other payment methods
In principle, there are several different payment methods that you can use at online casinos: e-wallet services such as Neteller, Skrill or Paypal, credit cards and bank transfers. Wire transfers have one major drawback – they are very time consuming. Imagine that you want to play several rounds of slot machines on Saturday night. If you want to transfer money, you will have to wait for your bank to process this order next Monday. The money will be available in a few days. The slot machines will have to wait until next Saturday. That’s not a good idea, is it?
You don’t have this disadvantage with credit cards because the money is available immediately, so your game night will be saved. However, credit cards often have lower limits. And as mentioned above, you need to trust the online casino of your choice to safely manage your credit card information. This is likely to happen, but e-wallet services are safer.
Don’t forget to read about these topics – of course, the fun of playing online casinos depends a lot not only on how quickly you deposit, but also on how quickly you can withdraw your winnings in the future.
Neteller FAQs
What is Neteller?
Neteller is an e-wallet service founded in Canada in 1999. It was founded on the Isle of Man over ten years ago. Today Neteller is a part of Paysafe Group. E-wallet service is not intended exclusively for online casinos, although ten years ago 80% of payment transactions between casinos and players were made through this service.
Can Australians use Neteller?
Yes! Any Australian citizen can register and use a Neteller account.
How to sign up in Neteller?
Registration in Neteller is simple and takes from one to two minutes. Just enter your email address, and then your mailing address. Choose a very strong and unique password – remember that you manage your money on the site, so use a very strong password so that no one can open a Neteller account without permission. In case of doubt, we recommend to use a password manager where you can store different passwords that you use on the web.
Why is the phone number important for your Neteller account?
Because you definitely have to activate two-factor authentication. This means that you will not only need to identify yourself with a password, but also receive a code sent to your mobile phone. This way, you can be sure that no one can access your money. After all, we are constantly hearing about hackers accessing supposedly protected sites and stealing personal data.
Then you will need to confirm your Neteller account so that you can withdraw your money. Also note that Neteller will assign you a 12-digit client number, which you will need later. If you want to use Neteller for higher amounts, we recommend that you use VIP service. In total, the company offers five different levels, which change the maximum amount you can transfer (up to $2 million for Diamond members).You probably won’t be able to transfer that much money to online casinos, but more importantly, there will be lower currency conversion fees for VIP accounts (not all online casinos are in Australian dollars, some use Euros or U.S. dollars).
Conclusion
Whether you prefer Paypal, Skrill or Neteller ultimately depends on your personal preferences. Paypal is a recognized company when it comes to transferring money to merchants where you order goods. But almost all Australian online casinos do not accept PayPal as a method of payment. So it may well happen that your chosen gambling site does not accept this payment method at all.Nettingeller, on the other hand, dominates the online casino sector. As you can see, there are already many reasons why you should create an account with Neteller!
Arnold Carignan | August 7, 2020 | Last Updated on: May 24, 2023